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Reply to "Draft Day Advice"

I think it is a great point about the percentage that use the scholarship money.  

 

When people say, "My son can go to college anytime."  I respond with, "Yes, but your son will never again be an 18 year old college freshman."  Those of us who went to college understand the experience we had at 18 - 21 versus those students we knew who were 25+.  

 

My son will not have to make this decision as his ability doesn't put him in the position, but if he did, I would counsel him to go to college.  Even if the bonus is huge (800K+), playing the percentages, he would never see a MLB paycheck and never use the MLB scholarship money.  At that point, what would his earning potential be?  Lately, I've seen college lists about mid-career earning potential.  It would be interesting to see some data on drafted and signed baseball players vs. university graduate.  I'll bet it would open some eyes.

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